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Kristin Lanham

kristin.lanham@bhghome.com +1(925) 899-7123

Listed by Marcus & Millichap

$ 5,400,000

Est. payment | -/mo

12 Beds

12 Baths

5,892 SqFt

Save

$ 5,400,000

Est. payment | -/mo

Save

12 Beds

12 Baths

5,892 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,892 sqft

Price per Sqft $916

MLS Listing ID ML82058820

Bedrooms 12

Full Baths 10

HOA Y/N No

Year Built 2024

Lot Size 0.257 Acres

Property Sub-Type Detached

Source Datashare MLSListings

Property Description

NEWLY CONSTRUCTED MULT-UNIT PROPERTY // Twelve Total Bedrooms, Complemented by 10 Full Bathrooms and Two Half Baths // Fully Paid Solar Panels Included & Transfer with Property. 1460 Kentfield Avenue (The Grove on Kentfield) presents a rare opportunity to acquire a best-in-class, newly constructed four-unit multifamily asset completed in November 2024. The property combines thoughtful design, high-quality construction, and strong in-place income, offering investors a generational asset with minimal maintenance and lasting tenant appeal. Comprised of two buildings totaling approximately 5,892 square feet, the community features an excellent unit mix of two spacious 4-bedroom / 3.5-bath townhome-style residences and two 2-bedroom / 2-bath single-story units. The property generates nearly $30,000 per month in gross rental income, with meaningful upside potential as rents continue to rise amid a constrained new construction pipeline in the area. This investment is ideally positioned for an owner-user, multigenerational family compound, and/or investment property, offering a strong current return of nearly 5.00% based on existing rents.

Location

State CA

County San Mateo

Interior

Heating Electric, Forced Air, Solar

Cooling Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment

Flooring Hardwood

Fireplace No

Window Features Double Pane Windows

Appliance Dishwasher, Electric Range, Microwave

Exterior

Garage Spaces 4.0

Private Pool false

Building

Story 1

Architectural Style Farm House

Schools

School District Sequoia Union High, Redwood City Elementary

Nearby Locations

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Kristin Lanham

REALTOR® Lic# 01401244

kristin.lanham@bhghome.com

+1(925) 899-7123

1555 Riviera Av. Suite E, Walnut Creek, CA 94596, USA

1460 Kentfield Avenue Redwood City, CA 94061

Kristin Lanham

Key Details

Location

Interior

Exterior

Building

Schools

1460 Kentfield Avenue